421 W Olney Ave Philadelphia, PA 19120

Located along a major commercial corridor in the Olney/Oak Lane section of North Philadelphia, this mixed-use property at 421 W Olney Ave presents an investment opportunity. The property features a vacant first-floor commercial space, a fully occupied second-floor residential apartment, and a detached 4-car garage, offering multiple income streams. The first-floor commercial unit includes direct access to the basement and a separate side entrance, providing flexibility for various business uses. The second-floor residential unit has its own private side entrance and is currently occupied by a tenant, with the option to have the tenant vacate within 60 days after going under contract. The detached 4-car garage, located directly behind the building, provides additional rental income potential. Situated one block from 5th Street, the property is surrounded by residential housing and offers convenient access to Roosevelt Boulevard, Broad Street, and Cheltenham Avenue. The property, with a size of 1460 square feet and a lot size of 0.07 acres, presents an excellent opportunity for an owner-occupant or investor to add value by leasing the commercial space while collecting existing rental income from the residential unit and garage. The property is being sold as-is.